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Mississippi Gulf Coast policyholders are well aware a hurricane is guaranteed to hike insurance rates, but fewer realize their credit reports also are factored into homeowner and automobile insurance premiums.
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Berkshire Hathaway has been stripped of its top-tier credit rating by Standard & Poor’s as the conglomerate run by Warren Buffett moves to complete its purchase of railroad operator Burlington Northern Santa Fe Corp.
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Feb. 4 (Bloomberg) — Benchmark gauges of corporate credit risk in North America and Europe jumped to the highest in about nine weeks as growing concern that governments will fail to close budget gaps sparked a global drop in stocks and bonds.
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The Federal Reserve fixed a problem in the wording of the Credit CARD Act that would have made consumers wait 45 days if they wanted reduced interest rates.